Professor Anthony's "Pricing," undated Digital

This audio recording consists of a lecture given by Anthony on pricing. He first discusses class meeting times, and a guest lecturer that will be coming next week. Anthony then discusses pricing, which he has discussed previously in passing, but this lecture focuses on making generalizations by reviewing a handout he has compiled and invites students’ comments, questions and critiques. Anthony also notes he wants to spend more time on depreciation and has also included a problem. While reviewing the handout, the class discusses pricing systems, the concept of public good, examples of public good such as defense, fire departments and national parks, different types of prices (cost based, prices based on social values, and on market), setting prices/cost, and competition. Lastly, Anthony goes over the problem of depreciation in hospitals.